The Emirati "Treasury" plans to launch data centers in Saudi Arabia, Egypt and Turkey

The Emirati “Treasury” business, which specializes in the development of data centers and its services to companies, plans to launch projects in Saudi Arabia and Egypt, along with Turkey and Kenya, and then expand the Far East and Europe in later stages, according to the CEO. In an interview with “Al -Sharq”, he explained on the sidelines of the “Gitex 2024” exhibition in Dubai, that the company exceeded the exploration phase in Saudi Arabia, and that he acquired the commercial license and the land assigned to the project, and it is in the process of signing businesses that want to benefit from the services of the center. In Egypt, Al -naqbi said that a ‘treasury’ intends to establish a new center with a capacity of 15 megawatts, and the same in Türkiye and Kenya.